ELECTROTHERM (INDIA) LTD.

Electrotherm (India) Ltd has received approval from the National Company Law Tribunal (NCLT), Ahmedabad Bench, for the issuance and allotment of 6% Non-Cumulative Redeemable Preference Shares (NCRPS) under Section 55(3) of the Companies Act, 2013. The NCLT order dated July 21, 2026, permits the company to issue 1,09,50,000 NCRPS of Rs. 10 each to existing preference shareholders (excluding Ahmedabad Aviation and Aeronautics Limited). Upon issuance, existing unredeemed preference shares will be deemed redeemed. For Ahmedabad Aviation and Aeronautics Limited, the company will redeem 10,50,000 preference shares at par. This issuance will not alter the company's share capital.

Electrotherm (India) Ltd announced board approvals on July 20, 2026, for significant management changes. Mr. Harish Mukati, previously CEO of the Steel Division, has been appointed as an Additional Director and Whole Time Director & Chief Executive Officer. His term as Whole Time Director is for three years, effective July 20, 2026, subject to shareholder approval. Additionally, Mr. Raj Kumar Bansal was appointed as an Additional Director in the category of Non-Executive Independent Director for a five-year term. The board meeting commenced at 11:45 a.m. and concluded at 01:20 p.m.

Electrotherm (India) Ltd announced the appointment of Mr. Raj Kumar Bansal as an Additional Director in the category of Non-Executive Independent Director. His term will be for five consecutive years, from July 20, 2026, to July 19, 2031. Mr. Bansal, a Chartered Accountant with 40 years of experience in banking and asset reconstruction, previously served as MD & CEO of Edelweiss Asset Reconstruction Ltd. The board also approved the appointment of Mr. Harish Mukati as Whole Time Director & CEO of the Steel Division for three years, subject to member approval. The board meeting took place on July 20, 2026.

Electrotherm (India) Ltd announced the outcome of its Board Meeting held on July 20, 2026. The Board approved the appointment of Mr. Raj Kumar Bansal as an Additional Director in the category of Non-Executive Independent Director for a term of five years, effective July 20, 2026, to July 19, 2031. Additionally, Mr. Harish Mukati, CEO (Steel Division), was appointed as an Additional Director and Whole Time Director & Chief Executive Officer. His appointment as Whole Time Director is for three years, from July 20, 2026, to July 19, 2029, subject to shareholder approval. The meeting commenced at 11:45 a.m. and concluded at 01:20 p.m.

Electrotherm (India) Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal policies. The trading window will be shut from July 1, 2026, until 48 hours after the submission of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company will inform stakeholders about the board meeting date where these financial results will be considered and approved.

Electrotherm (India) Ltd has responded to a BSE query regarding a significant recent movement in its share price. The company stated that it is unaware of any specific reason for the price fluctuation and believes it to be purely market-driven. Electrotherm affirmed its commitment to promptly disclosing all material information and price-sensitive events as per SEBI regulations.

Electrotherm (India) Ltd has appointed M/s. V. H. Savaliya & Associates, Cost Accountants, as the Cost Auditor for the financial year 2026-27. This decision was made during the Board of Directors meeting held on May 21, 2026, where the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were also approved. The board meeting commenced at 11:00 AM and concluded at 04:00 PM on the same day.

Electrotherm (India) Ltd announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported revenue from operations of ₹3,692.09 Cr for the year ended March 31, 2026, compared to ₹4,115.37 Cr in the previous year. Net loss after tax stood at ₹16.18 Cr for the year ended March 31, 2026, as against a profit of ₹428.60 Cr in the previous year. The Board of Directors also approved the appointment of M/s. V. H. Savaliya & Associates as Cost Auditor for FY 2026-27.

Electrotherm (India) Ltd announced audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported revenue from operations of ₹3,692.09 Cr for the year ended March 31, 2026, compared to ₹4,115.37 Cr in the previous year. Net loss after tax stood at ₹16.18 Cr for the year ended March 31, 2026, against a profit of ₹428.60 Cr in the previous year. The Board also approved the appointment of M/s. V. H. Savaliya & Associates as Cost Auditor for FY 2026-27.

Electrotherm (India) Ltd has scheduled a Board of Directors meeting on May 21, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for dealing in the company's securities has been closed from April 1, 2026, and will remain closed until 48 hours after the submission of the audited financial results.